February 3, 2017

By Admin

Israeli Equity Crowdfunding Platform OurCrowd Expanding Investments to India

Jerusalem-based equity crowdfunding platform OurCrowd announced its plans to begin expanding investments into India by identifying half a dozen startups worth investing a total of $30 million into. OurCrowd CEO Jon Medved, as reported by the Deccan herald, was impressed with the growing global enthusiasm in the Indian startup ecosystem, and after seeing the impact Indian startups have made in the Asian region specifically, decided to shift to focus more on India specifically. Originally investing in self-drive rental service Zoomcar incorporated in the US but based out of Bengaluru to the tune of $5,921,459, OurCrowd will be looking to invest similar amounts in all of the new companies they find. Read more.